The Next Phase in the Digital Revolution: Platforms, Abundant Computing, Growth and Employment

Zysman JohnKenney Martin

Abstract

This report argues that computer-intensive automation (CIAutomation) is likely to change the nature of work and manufacturing value creation in the emerging Platform Economy.  The industrial and service changes based on low-cost computation, as they become more generalized, may reverse Robert Gordon’s observations about the slowing growth in productivity.  However, the increased adoption of CIAutomation also poses profound dilemmas for society that revolve around whether this automation will be used to solely to replace workers or can be integrated into production of goods and services in ways that augment human capacities and intelligence. Finally, we speculate upon the role of the state in in governing and shaping the emergence of the Platform Economy.

Publication info

Part of researches
Work and Wealth in the Era of Digital Platforms
Part of programs
New technologies
Series
ETLA Raportit - Reports 61
Date
17.10.2016
Keywords
Platforms, Automation, Gig economy, Governance, Public policy
ISSN
2323-2447, 2323-2455 (Pdf)
JEL
D780, L860, O330
Pages
21
Language
English